This episode of The Journal discusses President Trump's proposed tax bill, referred to as his "big, beautiful bill," and the challenges it faces within the Republican Party. The bill aims to extend and expand the 2017 tax cuts, increase spending on border security and national defense, and roll back clean energy incentives. However, it has encountered opposition from different factions within the GOP. Hardline conservatives are concerned about the bill's impact on the deficit and want more aggressive spending cuts, while moderate Republicans oppose cuts to Medicaid and clean energy credits. Republicans from blue states are pushing for a higher state and local tax deduction cap. The intra-party conflict has stalled the bill's progress, and Trump is pressuring Republicans to unite and pass the bill, though its future in the Senate remains uncertain. The bill signifies the Republican Party's willingness to make significant changes to entitlement programs and tax policies.
